-The Business Standard The various grants under the Sarva Shiksha Abhiyan don't reach all schools - and not on time, either Educational spending is soaring. At the turn of the decade, new legislation has been enacted to make education a fundamental right. But India's elementary schoolchildren are just not learning. The country's elementary education budget has more than doubled since 2007-08, from Rs 68,853 crore to Rs 147,059 crore this fiscal, but the...

-Live Mint State govt says did not receive notice from SC before order was issued; SKS shares fall 19.63% in intra-day trade Mumbai: Andhra Pradesh, once the largest market for microlenders and home to India's lone listed such institution SKS Microfinance Ltd, said on Thursday it would challenge the Supreme Court's recent interim order allowing the company to resume operations in the southern state, driving the stock down by almost 20%...

-The Hindu   The Dalit-Bahujan theory or Ambedkarism cannot negotiate with funny theories of sociologists like Ashis Nandy. The best way to counter them is to write a better theory Utsa Patnaik, a noted economist said in a small note that she circulated "Ashis Nandy had earlier made approving remarks on the 1988 Deorala burning to death of a young widow in the name of sati (terming it a courageous act in a...

-The Indian Express Researcher Meenal Rege has returned a cheque for Rs 1,000 to the office of the Pune bench of State Information Commission (SIC). This is the second time she is doing so. Rege says the cheque, sent to her by the Pune Municipal Corporation (PMC) as a compensation on the SIC's order after she was denied information under the Right to Information Act, 2005, had "added insult to my...

-PTI The Reserve Bank on Thursday sought to downplay the Money-laundering allegations against three private sector banks, saying the country has a "perfect" system to prevent such offences and that not a single such transaction took place in the sting operation. The country's three largest private banks -- ICICI bank, HDFC Bank and Axis Bank -- were last week accused of indulging in Money laundering both within and outside with an online...